More House Price Declines Could Fuel Contraction
Washington, DC, Aug. 2, 2010--Former Federal Reserve Chairman Alan Greenspan warned that the economy might contract again if home prices continue to decline.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Slowing Economy Showing Pockets of Strength
Washington, DC, Aug. 2, 2010--Although the economy appears to be growing more slowly, manufacturing and business spending continue to be significant pockets of strength.
PG Hardwood, Model, Get Two New Shareholders
Saint-Édouard-de-Lotbinière, Quebec, Aug. 2, 2010--Brothers Sébastien and Jean-François Dion became shareholders of PG Hardwood Flooring Inc. and Model Hardwood Inc. on June 1.
Home Furnishings Export Consortium Gets Underway
High Point, NC, Aug. 2, 2010--The fledgling Home Furnishings Export Consortium held a preliminary interest meeting in High Point July 28 and drew representatives from furniture and cabinet makers and the flooring industry.
Beaulieu Offering Bliss Dealers New Incentive
Dalton, GA, Aug. 2, 2010--Bliss dealers are being offered an incentive by Beaulieu called “Magic Fresh Magic Offer.”
Economic Stress Increased in June
New York, NY, Aug. 2, 2010--Economic stress worsened in June, according to The Associated Press' monthly analysis of conditions around the country.
Former Burlington CEO Klopman Dies in Greensboro
Greensboro, NC, Aug. 2, 2010--Former Burlington Industries CEO William Allen Klopman, 88, died Sunday, July 25, at home in Greensboro.
Remodeling Declines in Second Quarter
Washington, DC, July 29, 2010 - The remodeling market declined during the second quarter, according to the latest National Association of Home Builders' Remodeling Market Index.
GDP Estimate Shows Economy Slowed in Q2
Washington, DC, July 30, 2010--The U.S. economy lost some steam in the second quarter of the year, according to the Commerce Department.
Clauson Named Mohawk VP of Brand Management
Dalton, GA, July 30, 2010--Kent Clauson been named vice president of brand management at Mohawk Industries.